4510 Lee Blvd Lawton, OK 73501-6558
Property profile & analytics
4510 Lee Blvd Lawton, OK 73501-6558
- Grocery and convenience stores
- 28,760 SF
- 4.51 lot acres
Property ID
US69-0441689
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Coinstar / Bank / Credit Union
- Western Union / Bank / Credit Union
- City National Bank & Trust ATM / Atm
- ATM / Atm
- City National Bank & Trust / Bank / Loan Service
Property Details for 4510 Lee Blvd
- Year built
- 1984
- Construction
- BRICK
- Lot size
- 4.51 lot acres
- Property size
- 28,760 SF
- Property type
- Grocery and convenience stores
- APN
- 42631
- APU
- 42631
Description
This exceptional investment opportunity presents a 28,760-square-foot, single-tenant grocery store in Lawton, Oklahoma. The property, built in 1984 and renovated in 2021, boasts a strong absolute NNN lease with a corporate guarantee from Associated Wholesale Grocers, Inc. (AWG), a major player in the grocery industry with over $10 billion in annual sales. The lease, currently at 100% occupancy, features a remaining term of 4.4 years, with two 5-year renewal options. The property enjoys a prime location, being the only grocery store within a 4-mile radius. The asking price is $2,300,000, representing a compelling $79.97 per square foot and an 8.01% cap rate based on a Net Operating Income (NOI) of $184,129. The ground lease is also in place, expiring April 3, 2024, with seven 5-year renewal options. This presents a low-maintenance, high-return investment with significant long-term potential, further enhanced by recent tenant improvements valued at approximately $400,000. The property is situated at 4510 SE Lee Blvd, Lawton, OK 73501. This is a leasehold ownership.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,275,000
- AI Estimate
- $3,187,000
Market price range: $1.79M - $4.17MMarket price range: $1.36M - $4.34M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,895,000 Current use
- COMMERCIAL (GENERAL)
- $3,985,000 Change: +38% Conversion: Easy
- OFFICE BUILDING
- $3,140,000 Change: +8% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lawton
- County
- Comanche
- State
- Oklahoma
- Longitude
- -98.3341
- Latitude
- 34.5954
- CBSA code
- 30020
- CBSA name
- LAWTON, OK METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$19,066
$64,542
$111,765
$176,307
-
$573,703
$1,543,687
$2,117,390
